By Prof. Chukwumerije Okereke In a daring move, Nigeria’s President, His Excellency President Bola Ahmed Tinubu GCFR, declared the immediate abolition of fuel subsidies during his Inaugural Address on May 29, 2023, stating quite simply that “subsidy is gone”.…
Coalition of CSOs host Post COP28 review; insist on better engagements for increased takeaways
The Coalition for Socio-Ecological Transformation (COSET) and partners in Abuja on Wednesday, January 31, 2024, at a forum tagged “Post COP28 – Reviews and Lessons Learnt” undertook an analysis of engagements, positions and decisions from the 28th Session of the…
Egbin Power: Illuminating The Future, Fostering Development Through Education
As a vehicle that catalyzes growth, education plays a pivotal role in the socio-economic development of communities and countries where it is given priority and commitment. Hence, the rapid transformation that such societies undergo over the years after educating the…
Sahara Group Plants 2,000 Trees Per Annum To Remove 450 tonnes of CO2 From Atmosphere
As part of a consistent effort to drive sustainability, leading energy conglomerate and infrastructure Sahara Group in partnership with Treedom is planting a minimum of 2,000 trees annually across Africa. These initial set of trees will absorb more than 450…
Nigeria launches residential energy demand survey
The Nigerian Federal Ministry of Power, in collaboration with the National Bureau of Statistics (NBS), Energy Commission of Nigeria (ECN), with support from the European Union (EU) and International Energy Agency (IEA), recently launched the Nigeria Residential Sector Energy Demand…
LAWMA, MAN Collaborate for Environmental Sustainability
Styrofoam ban in public interest The Lagos Waste Management Authority, (LAWMA) and the Manufacturers Association of Nigeria (MAN), have met to discuss ways of implementing sustainable waste management strategies, following the recent ban on usage of styrofoam packs in…
MOMAN unveils New Identity; Rebrands to MEMAN to signal new strategic energy direction
Signalling the dawn of a new era, the Major Oil Marketers Association of Nigeria (MOMAN), earlier today unveiled their rebranded identity as the Major nergies Marketers Association of Nigeria (MEMAN). The launch highlights MEMAN’s commitment to sustainability through the NMDPRA…
Transparency: EITI rates NNPCL high in compliance
Global transparency body, Extractive Industries Transparency Initiative, EITI, has scored the Nigerian National Petroleum Company Limited, NNPCL, very high in its latest global assessment. This was disclosed by EITI’s Deputy Executive Director, Bady Baldé, during a visit by an EITI…
NNPC Ltd Remits N4.5trn into Federation Account in nine months
Between January and November last year, the Nigerian National Petroleum Company Ltd remitted the sum of N4.5trn into the federation account for distribution to the three tiers of government. The remittance was confirmed by the Chief Finance Officer of the…
NNPC Ltd woos South Korean investors for Gas Projects
The Nigerian National Petroleum Company Limited, NNPCL, has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, led…